Coney Island and Brighton Beach have undergone robust economic growth led by rapid job and business creation over the last decade, but for the people who live and work in the area, its strong economic growth is tempered by poverty rates and housing cost burdens which remain high.
Approximately 61.1% of renters in the area spend over 30% of their income on housing, compared to 51.1% across Brooklyn, highlighting the housing affordability crisis.
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